Wanda Cinema Line Selects Dolby ShowVault/IMBs for New Cinema Screens in China in 2015

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Dolby Laboratories, Inc. (NYSE: DLB) and Wanda Cinema Line Corporation, one of the largest cinema exhibitors in China, announced today that Wanda will purchase more than 400 units of the Dolby® ShowVault/IMB to deploy in all of its new cinema screens built in China through the end of 2015.

“The ShowVault/IMB has already proven its worth in our existing cinemas, delivering outstanding performance and high reliability,” said Zeng Maojun, Board Director and General Manager of Wanda Cinema Line Corporation. “We are very pleased to continue this collaboration with Dolby, and we are confident the ShowVault/IMB will help ensure high-quality digital cinema presentation in our new screens in 2015.”

The Dolby ShowVault/IMB is the most widely deployed integrated media block (IMB) product in the cinema industry. Its superb reliability and enriched feature set continues to make it a much sought-after solution.

“It is Dolby’s long-term commitment to provide leading playback solutions to support the evolving digital cinema industry in China and around the world,” said Doug Darrow, Senior Vice President, Cinema, Dolby Laboratories. “We are delighted to continue to work with an industry leader like Wanda, which shares with Dolby a single goal: to constantly strive for quality and innovation.”

About Dolby Laboratories, Inc.:Dolby Laboratories (NYSE: DLB) is the global leader in technologies that are essential elements in the best entertainment experiences. Founded in 1965 and best known for high-quality audio and surround sound, Dolby creates innovations that enrich entertainment at the movies, at home, or on the go.Dolby Laboratories, Inc. Directory pageDolby Laboratories, Inc. Web SiteAbout Wanda Cinema Line:

As of November 30, 2016, Wanda Cinema Line was operating 376 theatres in over 110 cities in China as well as major cities in Australia and New Zealand, with 3,319 total screens. Wanda Cinema Line accounted for approximately 14% of China’s market share in terms of box office revenue, ranking no. 1 in the China market for seven consecutive years. In 2015, Wanda Cinemas grossed 6.3 billion yuan in box office revenue.

With “prioritizing audience value and their moviegoing experience” as its business philosophy over the years, Wanda Cinema Line strives to provide high-standard design and construction, high-class exhibition technologies, and high-quality standardized services, offering the cinema environment of choice for more than 70 million Wanda fan club members. In 2015, Wanda Cinema Line officially announced its “membership+” strategy, aiming at building a world-leading cinema lifestyle ecosystem, marking its transformation from a cinema chain to a technology, platform, and ecosystem-based company.